ADIB, Aldar close $272m financing deal
Aldar's total ESG financing facilities reach $1.30 billion.Company News Business
US pushes naval coalition as Yemen rebels vow to attack more ships
The United States pushed to build up a multinational naval task force to protect a key global shipping lane from...Business Economy
Work starts on Egypt’s $9bn high-speed train
Work began on Egypt's $9 billion first high-speed train project, connecting the Red Sea coast with the Mediterranean coast, across...Egypt began implementing its first high-speed train project
The Egyptian contracting companies are completing the preparation of the road
Dubai Metro to open Jumeirah station on Sept 1
The station would be opening well ahead of the beginning of the Expo 2020 Dubai events, which it will be...The station is expected to be able to serve 11,555 riders per hour during peak times, and about 250,000 riders per day
It has two train-boarding platforms, four bus stops, and 20 taxi stands to pick up and drop off riders, along with hundreds of free parking spaces in its surroundings
Holy and worldly offerings of Saudi tourism
The Arab world's most powerful economy is devoting enormous resources to attracting at least 100 million tourists by 2030. TRENDSMENA...King Fahd Fountain, the tallest fountain in the world, holds up to 318 tons of seawater and measures 312m in height.
Masjid al-Haram comprises 13 minarets, while five main entrances/doors and hundreds of subsidiary doors give the building its overall form.
Truckmaker Scania pauses production over chip shortage
This week's suspension is Scania's first since the coronavirus pandemic forced a production halt in April 2020This week's suspension is Scania's first since the coronavirus pandemic forced a production halt in April 2020
"It's a difficult period and too many things are pointing in the wrong direction," Scania spokeswoman Karin Hallstan told AFP
Abu Dhabi Media taps STARZPLAY to stream AFC matches
Enthusiasts may buy a subscription of 2 sports channels for AED15 (a little more than $4) or the entire STARZPLAY...From September, the matches are expected to be streamed on STARZPLAY
The streaming will start with the Asian qualifying matches for the FIFA World Cup 2022 in Qatar
Foreign investment in Saudi markets rose 150% in Q2
The sectors in the country that attracted the most foreign investment were banking, basic items, energy, and communications.Saudi Arabia was granted membership of the World Trade Organization in 2005
This is opened up the country to ever-increasing investments from foreign parties
Turkey buys drones from firm where Erdogan kin is CTO
The drones have been made by Baykar, whose CTO is the son-in-law of Tuekey’s president.The UAVs, called Akinci, have been made by private drone-maker Baykar
The Turkish military on Sunday took delivery of these drones, whose name means “raider” in Turkish
Etisalat to partner with GMIS on 5G
The UAE-based company will share practices at GMIS 2021.The GMIS is being held at Expo 2020’s Dubai Exhibition Centre.
Discussions will focus on government , society, women in leadership and the UAE’s Operation 300bn.
EGA sees $473m profit in H1
This was the company’s strongest H1 financial performance ever.EGA supplied some 442 customers in 57 countries with metal in the first half of 2021
In the UAE, the company supplied 140,000 tons of metal to local customers
Jeddah asks traders to stick up QR code on shop fronts
Aiming to improve the quality of services and goods provided to Jeddah resident, the Municipality has called on businesses to...“The mandatory service is part of the modern services launched by the Ministry of Municipal, Rural Affairs and Housing through the ‘Balady’ platform”
the QR code aims to improve the quality of services and goods provided to Jeddah residents by promoting effective digital communication